Director - AML and Compliance Advisory Services

Mastercard; Lincoln; On-site; GBP 150,000 - 200,000; Full time

Job summary

A global technology company is seeking a Director for AML and Compliance Advisory Services based in the UK. This strategic role involves crafting service offerings and providing expert guidance on AML compliance, risk management, and thought leadership. The ideal candidate should have a strong background in AML and compliance consulting. This position drives P&L growth and develops innovative solutions while collaborating with various stakeholders to enhance the Mastercard ecosystem.,

Benefits

Competitive pay

Discretionary annual incentive program

Qualifications

• Years of related business experience in AML advisory and Compliance consulting.
• Excellent oral and written communication skills are critical.
• Ability to work across time zones to meet global needs.

Responsibilities

• Drive P&L growth for advisory and consulting services.
• Develop solutions in partnership with other business units.
• Innovate and evolve the services suite focusing on scalability.

Skills

AML expertise

Compliance consulting

Project management

Excellent communication

Risk assessment

Job description

Our Purpose

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.

Title and Summary

Director – AML and Compliance Advisory Services (Consulting Services Product Management), Global Role Title: Director – AML and Compliance Advisory Services (Consulting Services Product Management), Global Role

Overview

Mastercard Services is a key differentiator for Mastercard, providing cutting‑edge services that help our customers grow. Focused on thinking big and scaling fast around the globe, this agile team is responsible for end‑to‑end solutions for a diverse global customer base. Mastercard Services provides insights, consulting, risk management, marketing services and analytics to financial institutions and merchants worldwide.

This role is part of the Global Consulting Product Management Group (within the Business & Marketing Insights group in Services) which covers a wide range of Consulting products offered by Mastercard Services and is organized along the following product lines: Card Payments, Acquiring and Acceptance Solutions, Security (Cyber and auth/fraud), AML and Compliance, Payment Operations, Credit Risk Management, Commercial & New Payment Flows, AI, Innovation, Transformation and Deploy. The team is responsible for driving development and commercialization of highly configured consulting solutions to grow our P&L.

Within this team, we are looking for a senior candidate to set up our AML and compliance related advisory services for our customers globally. The role will have a global remit and involve creating services offerings, frameworks, providing expert guidance to organizations on managing anti‑money laundering (AML) and compliance risks, drive thought leadership and in close collaboration with stakeholder teams, shape and support our Go‑To‑Market Strategy for AML and Compliance Services. The candidate will have the opportunity to work with a high‑performing team across the organization (sales, product, internal compliance teams) and become an integral part of success making the Mastercard ecosystem safer and more secure for our customers. The Global Product Director will lead the strategic vision, solution development, commercialization, and go‑to‑market activities to accelerate uptake of these services.

The ideal candidate will be passionate about AML, Compliance, Regulations and Financial Crime and have a strong background in AML, PEP & Sanctions and other regulations & compliance related topics. This role is key to the success of Mastercard in the AML and Compliance ecosystem.

Role

• Drive P&L growth for the above mentioned advisory/consulting services and work with BD and Regional teams to pro‑actively increase adoption of these services.
• Develop solutions in partnership with other business units e.g. core product, internal compliance teams etc.
• Understand the latest trends in the market and build strong narratives around them.
• Ability to effectively build and prioritize the advisory/consulting services roadmap with commercially‑oriented go‑to‑market planning and in close collaboration with peers and leadership.
• Innovative to continue evolving our services suite and drive future success by focusing on identifying and developing solutions that are scalable and drive recurring business for Mastercard Services.
• Interface with Mastercard units across the organization to represent advisory/consulting services suite and collaborate on building new ones.
• Provide expert sales support and ensure close partnership with the Sales team.
• Ability to be a client‑facing expert sales resource.

Some areas of AML and Compliance services which need to be developed include:

• Risk Assessment: Conducting comprehensive, enterprise‑wide AML, compliance and sanctions risk assessments to identify vulnerabilities and assess existing controls.
• Policy and Procedure Development: Designing, reviewing, enhancing, and developing AML and compliance program governance, including tailored policies, procedures, and risk appetite statements aligned to requirements.
• Compliance Monitoring and Testing: Developing and executing independent testing and audit procedures to evaluate the effectiveness of AML and compliance controls and identify compliance gaps.
• Investigations and Due Diligence: Assisting with transaction monitoring, performing "lookbacks" (retrospective reviews), conducting customer due diligence (CDD) and enhanced due diligence (EDD) for high‑risk clients, and making recommendations on suspicious activity reporting (SARs).
• Remediation and Regulatory Response: Advising clients on resolving deficiencies, managing remediation plans.
• System Implementation and Optimization: Assisting in the selection, implementation, tuning, and validation of AML technology systems and software to improve efficiency and accuracy.
• Stakeholder Collaboration: Serving as a subject matter expert (SME), liaising with senior management, global product, legal, operations, and technology teams to implement effective compliance solutions.

All About You

• Years of related business experience in AML advisory, Compliance consulting, product management, product development, business development in financial services and/or bankcard industry preferred.
• Excellent oral and written communication, negotiation, project management and matrix‑management skills are critical.
• Ability to interact and coordinate effectively with internal and external business partners.
• Ability to effectively direct and manage multiple functions.
• Ability to initiate and effectively lead change efforts.
• Business Acumen with the ability to provide solutions that drive positive results to the customer and Mastercard.
• Ability to work across time zones to meet the needs of a global role.
• Self‑motivated with a proven track record of delivering success while operating within a team environment.
• Ability to thrive in the ambiguity that comes with a lean and agile team at the forefront of an evolving space.
• Embodies the MA leadership principles: demonstrate courage & resolution; encourage teamwork, integration, & inclusion; execute the global strategy; inspire & empower; operate with a sense of urgency.

Corporate Security Responsibility

• Abide by Mastercard’s security policies and practices.
• Ensure the confidentiality and integrity of the information being accessed.
• Report any suspected information security violation or breach.
• Complete all periodic mandatory security trainings in accordance with Mastercard’s guidelines.

In line with Mastercard’s total compensation philosophy and assuming that the job will be performed in Canada, the successful candidate will be offered a competitive pay based on location, experience and other qualifications for the role and may be eligible to participate in a discretionary annual incentive program. This is a pipeline posting for future opportunities within our team.